Modernist mountaintop hotel in Tateyama to close doors in 2026
Hotel Tateyama, a modernist hotel sitting atop the snowy Tateyama mountain in Toyama Prefecture, will be closing its doors on August 31, 2026, ending 54 years of operations.Read more
Yokohama hotel sold to storage operator
A storage and logistics operator has acquired a 206-room hotel near Shin-Yokohama Station, with the deal taking place on July 30.Read more
Japan’s hotels struggle to keep up with surge in inbound tourism
Japan’s hotel industry continues to hit new strides as inbound tourism reaches new highs, but may be facing a supply crunch. Among the 13 publicly listed hotel operators covering 15 brands, average daily rates (ADR) for the fiscal year ending March 2025 are all up year-on-year, particularly in central Tokyo and regional cities where tourism demand is strong. Occupancy rates have also remained at high levels.Read more
J-REIT acquires Fukuoka hotel
The Nomura Real Estate Master Fund (NMF) is acquiring a 68-room hotel in Fukuoka for 3.8 billion Yen, or around 55.9 million Yen per key. This was part of REIT’s strategy of strengthening its resilience to inflation by offloading some residential assets with limited rental growth potential and acquiring a relatively new and well-located hotel.Read more
Tokyo's largest subway operator to launch hotel brand
Tokyo Metro, operator of Tokyo’s largest subway system, is launching its own hotel brand and operations utilizing land it owns around major train stations and acquiring new sites, according to its mid-term business plan for 2025 to 2027.Read more
Beppu hotels acquired by Tokyo based real estate companies
Two Tokyo-based real estate companies are planning a 5-story luxury hotel in Beppu’s Kannawa Onsen district.Read more
Hoshino Resorts launches mountain hiking hotel brand
Hoshino Resorts, operator of a number of ryokan and hotels, has launched a new hotel brand centred around mountain resorts. The goal of the LUCY hotel brand is to harness the nature-based tourism potential of Japan’s national parks and other scenic locations and encourage inbound tourists to venture outside of major cities.Read more